Charity Search / BLESSED STEPHEN BELLESINI O S A ACADEMY INC
Education (B24) IRS Verified DX Registered 990 on File

BLESSED STEPHEN BELLESINI O S A ACADEMY INC

EIN: 04-3585445 · LAWRENCE, MA 01840-1005 · United States · FY 2024 Data
4 out of 5 76 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 55/100
Effectiveness (25%) 97/100
Impact (25%) 50/100
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

Bellesini Academy provides a quality scholarship education to students from limited financial means living in Lawrence. The mission of the school is to provide an academically challenging and highly structured environment that develops the potential for each student to succeed in competitive secondary schools and colleges. Bellesini strives to: 1) Identify and admit students of all faiths who demonstrate academic promise and fall below the poverty line; 2) Provide at-risk inner-city students with the advantages enjoyed by suburban students including: a) challenging academic curriculum taught in small classes by highly qualified teachers, b) a safe and secure school environment, c) after-school activities that help students develop non-academic talents and interests, d) a supervised study environment in which to complete homework, and e) quality summer programs that help maintain academic gains in a fun, camp-like environment; 3) Instill qualities and values of good citizenship, morality, community service, and civic responsibility; 4) Support and equip our students and alumni to overcome the challenges they face as people of color; 5) Prepare students for success in academically competitive high schools and colleges; 6) Place 100% of graduates in private college preparatory high schools on scholarship; and 7) Support graduates throughout their high school and college careers to ensure their continued success.

Financial Overview — FY 2024
$1.7M
Total Revenue
$1.7M
Total Expenses
N/A
Net Assets
24
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio N/A
Fundraising Efficiency 0.0%
Operating Reserve N/A
Liability-to-Asset 19.3%
Revenue Diversification N/A
Executive Compensation $190K
Compared with Peers
FY 2023
Compared with 11,226 similar organizations (United States, Education, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
82.5% 84.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
4.5% 13.0%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
13.0% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
29.9 mo 8.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
10.7% 23.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
97.5% 90.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
3.8% 7.5%
P10P90
Expense growth
Year over year expense growth
-2.2% 11.6%
P10P90
Surplus margin
Surplus as a share of revenue
-6.3% 3.2%
P10P90
Impact
2 programs
Outcome / Program People Served Cost / Service # Completed Duration
Bellesini provides tuition-free education to 60 boys & 60 girls in grades 5-8 in Lawrence 120 $11,000.00 — Per Year
Alumni Support Program serves 200 alumni & 90 alumnae in high school, college & careers 250 $1,000.00 — Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.7M $1.7M N/A — 24
2023 $1.5M $1.5M $3.8M 82.5% 49
2022 $1.4M $1.6M $3.9M 82.5% 50
2021 $1.4M $1.4M N/A — 33
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Organization Details
EIN
04-3585445
State
MA
City
LAWRENCE
ZIP
01840-1005
Classification
B24
Category
Education
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2002
Foundation Code
11
Form 990
On File
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